Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Wednesday 9 October 2013

EURUSD

Despite the drop, the 2month moving average of the daily pivot remains stoically green whilst the MACD sports positive divergence and the momentum study look very much '3 waves' to me at the moment.
Glad I banked the shorts and am trying to go long here just in case we get more than a gentle ride up, although I do not expect the FLD and opening range to cave, but just in case.....

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